IMPEX TRADING Limited conditions.pdfIMPEX TRADING Limited (hereinafter referred to as the “Company”), is the Licensed Dealers in Securities under Vanuatu Financial Services Commission

IMPEX TRADING Limited

Terms & Conditions

Registered Address: Law Partners House, Kumul Highway, Port Vila, Vanuatu, South Pacific (Registered Dealers In Securities with License No. 14860 from Vanuatu Financial Services Commission)

IMPEX TRADING Limited (hereinafter referred to as the “Company”), is the

Licensed Dealers in Securities under Vanuatu Financial Services Commission

with International Company registration no. 14860 with the Republic of

Vanuatu.

• I have read the following Terms and Conditions, including Company Policies

(including, without limitation, Deposit and Withdrawal Policy, Risk Disclaimer

and Risk Disclosure Policy, Acceptable Use Policy, Privacy and Underage

Policy).

• I understand all such terms and that these Terms and Conditions, together

with all policies are an inseparable part of a binding agreement between

myself and Company (the “Agreement”).

• I am over 18 and the information provided in this application is true and

correct and that I will notify Company of any material changes.

• Company may not be able to ascertain the appropriateness of any product to

me, including due to lack of experience or undisclosed information.

• I have entered full, accurate and truthful details, including my residential address and identity.

• Company may at any time without limitation amend any of the terms set out

in this agreement by posting such information on our website.

By signing this document, I agree to open an account for myself and confirm

that I have read and understood all policies and terms including the Risk

Disclosure and Terms and Conditions.

Preamble

Company offers access to its website and services to clients that accept the

terms and conditions. By using the website you explicitly confirm that you

have read these Terms and Conditions and agree to them.

Our obligations are subject to any limits or restrictions which we may agree in

writing, and any statutory, regulatory, legal or market requirements.

The following terms and conditions apply to all users and in case you require

additional information on any of the subjects presented below, feel free to

contact our customer support at any time. You must first read and then accept 2


these Terms and Conditions in order to benefit of the best services provided

by Company and the agreement is effective upon acceptance. If you don’t

agree to be bound by the terms and conditions of the present agreement,

make sure to inform us in writing. If Company decides to make any

amendments they will be posted online and in order to keep trading on the

website, you might be asked to accept the new terms.

In order to be eligible to operate your trading with Company you must be over

the age of 18 and to fully understand the risks involved. You hereby

acknowledge that you have the knowledge and experience to trade and

understand the risks involved. We can’t be held responsible for any damage

or loss and we are not responsible for verifying whether you possess sufficient

knowledge or whether your trading choices are wise.

The same conditions apply regarding legal restrictions. You should

understand in full that trading, investments and similar operations are

regulated in a different way, throughout the world. The fact that you can

access our website and use the tools Company offers doesn’t necessarily

mean that it is legal in your country to do so.

Users accessing this site are required to inform themselves about the

jurisdiction restrictions and you are hereby declaring that the funds you are

using for trading are not originating from any criminal activity or otherwise

breach any law.

Do not abuse the license or services provided to you. By accepting the Terms

and Conditions you will be granted a limited license, but you can’t deep-link to

the website or copy and resell the materials appearing on Company. The

information provided by us should be used entirely for executing transactions

inside or within Company.

Please note that closing or suspending your account due to a breach of the

terms of service and explicitly the Acceptable Use Policy, may entail loss due

to the closing of positions.

Do not provide false or inaccurate information. The license granted will be

terminated if we notice that the data you provide is not accurate and you will

cease to access the services. You agree that Company can terminate your

access to any of the services offered for online trading at its sole discretion

and with or without notice and close your transaction.

3


The present terms and conditions state that under no circumstances shall

Company or its employees be liable for lost profits or any kind of damage

occurring during trading, due to connection to our website, including

negligence. In any proven circumstance, the liability of Company is limited to

our last monthly commissions received of money you transferred or deposited

in your trading account.

I confirm that I got an opportunity to trade on a demo platform and/or read a

tutorial and I understand as a consequence how to trade and the risks that

are involved. In addition I have read and understood the risks that are

involved in trading in Margin Spot Forex, Options and/or CFDs (“trading”).

Terms and Conditions

1. The Preamble to these terms of service: is inseparable part thereof and

together with all company policies constitute a binding Agreement between

the User and Company.

You and any person making use of the Site are referred to hereunder as “User” and/or Client.

2. By accessing: visiting and/or using this Site, any person so doing

(hereinafter: “User”) unequivocally and unreservedly expresses his or her

binding agreement to any and all of these Terms and Conditions, constituting

a binding agreement between the User and Company, and undertakes to fully

comply therewith. Any and all activity on, with and/or via this Site shall be

governed by these Terms and Conditions.

BY USING THIS SITE IN ANY WAY YOU CONFIRM YOUR IRREVOCABLE

ACCEPTANCE AND AGREE TO THE FOLLOWING TERMS AND

CONDITIONS.

IF YOU DO NOT ACCEPT ANY OF THESE TERMS AND CONDITIONS OR

ANY OF THE POLICIES – YOU CANNOT USE Company SERVICES AND

PLEASE STOP USING THIS SITE AT ONCE.

3. Permitted Use: Any User must be aged 18 or older and legally permitted

to engage in usage of this Site under the laws applicable to him/her. User

represents that he or she has full legal capacity to enter into legally binding

agreements. Users may not make commercial and/or serial and/or automated

4


use of this Site. This Site strictly forbids any use of data mining, data

gathering, bandwidth theft, offline browsing plug-ins and software and/or

download and/or batch download or access and any access via any software

except for the main common and official web browsers.

4. Your Account and the Bank Account: Upon receipt of your application,

we may carry out credit or other checks as we deem appropriate from time to

time including without limit obtaining references from your bank, employer or

credit agencies (if applicable). Credit reference agencies will record details of

the search irrespective of whether your application proceeds or not. We

reserve the right to carry out further credit checks at anytime whilst this

Agreement is in force.

a. You acknowledge and accept that we may use credit scoring methods to

assess your application. This may affect our decision on whether to accept

the application or whether to alter the way in which your Account will operate.

b. You must notify us immediately of any material changes to any of the

information set out in your Application Form.

c. In the event that your Application Form is accepted we will open an

Account for you and provide you with a user ID and account number. You

must not disclose these details to any other person. In the event that you

believe that these details are known by a third party then you will notify us

immediately. You will assist us in investigating any misuse of your Account.

d. You confirm that we are not obliged to confirm or check the identity of

anyone using or quoting your Account.

e. You confirm that we shall be entitled (but not obliged) to make any

payments owed to you to one single account for all sums. We may (but are

not obliged to) agree to transfer monies to different Bank Accounts.

Notwithstanding the fact that we agree to do so, we shall not be liable for any

mistakes made by us in the amount transferred provided that the aggregate

sum transferred pursuant to this Agreement is correct.

f. Funds appearing on Clients’ account may include agreed or voluntary credit

margin, bonuses and incentives, or any other sums not directly deposited by

the Client or gained from trading on account of actually deposited funds

(“Non-Deposited Funds”). Please note unless otherwise explicitly agreed,

Non- Deposited Funds are not available for immediate withdrawal. Further,

5


due to technical limitations, Non- Deposited Funds may be assigned to

Client’s account in certain occasions (for example, for the technical purpose of

allowing the closing of positions or an indebted account). PLEASE NOTE

THAT NON-DEPOSITED FUNDS, including profits gained on account of or

derived of the same, are not Client’s funds. If a withdrawal of Non-Deposited

Funds has been confirmed, Company shall have full right to reclaim any and

all such funds.

5. Further Covenants: In addition to the above and without limiting the

generality of this clause, you:

a. Confirm that the Bank Account details are complete and accurate and

that you will notify us immediately if these change and will provide us with

such documentation as we request in respect of such revised Bank Account;

b. Confirm that (unless otherwise agreed by us) the Bank Account relates

to a bank account opened in your country of main residence;

c. Acknowledge and accept that we are under no obligation to transfer any

monies to or accept any monies from any account other than the Bank

Account.

d. Except in the case of fraud (that not includes fraud from a third party), we

do not accept responsibility for any loss or damage suffered by you as a result

of your trading on monies deposited in or credited to your Account in error by

or upon our behalf.

e. We reserve the right to close or suspend your Account at any time in

accordance with the terms of this Agreement.

f. Acknowledge explicitly that Company has the right to change the amount of

margin that is allowable per any trading due to market volatility, without prior

notice.

g. Multiple Accounts: Except as otherwise expressly provided in this

Agreement, if you have more than one Account with us, each Account will be

treated entirely separately. Therefore, any credit on one Account (including

monies deposited as margin) will not discharge your liabilities in respect of

another Account unless we exercise our rights under this Agreement.

h. Joint Accounts/beneficiaries: If an Account belongs to multiple users or

to a corporation, company, partnership or any other corporate body, all

6


beneficiaries or signatories will be required to approve a withdrawal.

6. Linking to this Site: Creating or maintaining any link from another Site to

any page on this Site, without Company written permission is prohibited.

Running or displaying this Site or any information or material displayed on this

Site in frames or through similar means on another Site without our prior

written permission is prohibited. Any permitted links to this Site must comply

will all applicable laws, rules and regulations and ethical conduct on the

internet.

7. IP and Copyright Notice: All texts, graphics, sounds, information,

designs, applications, content, source codes and object code files, and other

material displayed on or that can be downloaded from this Site are protected

by copyright, trademark and other laws and may not be used except as

permitted in

these Terms and Conditions or with prior written permission of the owner of

such material (hereinafter: “information” or “data”). The information on this

Site belongs to Company or its respective affiliates and suppliers and may not

be copied or used without prior approval. You may not modify the information

or materials displayed on or that can be downloaded from this Site in any way

or reproduce or publicly display, perform, or distribute or otherwise use any

such information or materials for any public or commercial purpose. Any

unauthorized use of any such information or materials may violate copyright

laws, trademark laws, laws of privacy and publicity, and other laws and

regulations.

8. Force Majeure: Whilst we will endeavor to comply with our obligations in

a timely manner we will incur no liability whatsoever for any partial or non-

performance of our obligations by reason of any cause beyond our

reasonable control including but not limited to any communications, systems

or computer failure, market default, suspension, failure or closure, or the

imposition or change (including a change of interpretation) of any law or

governmental or regulatory requirement and we shall not be held liable for

any loss you may incur as a result thereof.

a. Without prejudice to the generality of this clause, the following events

shall be considered as an event of force majeure:

i. Where we are (in our opinion) unable to maintain an orderly market as a

consequence of civil unrest, terrorism, strikes, riots or power or

7


communication failure;

ii. Excessive volatility in the financial markets;

iii. Suspension, closure or liquidation of underlying markets.

b. Without prejudice to the generality of this clause, in the event of force majeure we will be entitled to:

i. Alter trading times;

ii. Alter the Margin Requirement;

iii. Close or cancel any open contracts/positions.

9. Trademarks: Certain trademarks, trade names, service marks and logos

used or displayed on this Site are registered and unregistered trademarks,

trade names and service marks of Company and its affiliates. Other

trademarks, trade names and service marks used or displayed on this Site are

the registered and unregistered trademarks, trade names and service marks

of their respective owners. Nothing contained on this Site grants or should be

construed as granting, by implication, estoppel, or otherwise, any license or

right to use any trademarks, trade names, service marks or logos displayed

on this Site without the written permission of Company.

10. Logins Security: It is your responsibility to maintain your Account at all

such times. This includes ensuring that the required level of margin is in

place. If you have more than one Account, this responsibility will relate to

each Account separately, unless we have agreed otherwise in writing with

you.

Every person using a login (whether or not in fact such person is a duly

authorized Client) will be deemed to be authorized to enter into the system

and/or (as the case may be) to give any other instructions or communications

on behalf of Company Client that is represented by the login according to the

registration information provided by Company. Company will act on such

instructions without being obliged to obtain any further written or other

confirmation, and, for the avoidance of doubt, the relevant transaction fees

shall become payable.

11. Unlawful usage: You are prohibited from making any unlawful usage of

this Site, and are informed and aware to the fact that in addition to these 8


terms and conditions and any and all policies for usage of this Site, you may

and are expected to be subjected to laws and regulations applicable in your or

any relevant jurisdiction, including any promulgations related to gambling,

securities, taxation and/or anti-money laundering. Company does not

encourage conduct that would be considered a criminal offense or give rise to

civil liability, or otherwise violate any law. In addition to any remedies that we

may have at law or in equity, if we determine, in our sole discretion, that you

have violated or are likely to violate the foregoing prohibitions, we may take

any action we deem necessary to cure or prevent the violation, including

without limitation, the immediate removal of the related materials and/or User

from this Site. We will fully cooperate with any law enforcement authorities or

court order or subpoena requesting or directing us to disclose the identity of

anyone posting such materials.

12. User undertakes: that any and all information provided by him is true,

accurate, complete and up-to- date.

13. User undertakes to indemnify: defend and hold Company harmless, as

well as any and all of its subsidiaries, agents, employees and/or officers,

against or from any liabilities, obligations, claims, debts, expenses etc., in any

way connected with any misuse or abuse of the site, information or services

provided or contained herein, including in particular (but not limited to) any

breach of these Terms and

Conditions and/or violation of any law whatsoever (including any violation or

infringement of any third party rights) and/or any breach of any applicable

third party terms and conditions;

14. No Warranties express or implied: USE THIS SITE AT YOUR OWN

RISK. THE INFORMATION, MATERIALS AND SERVICES PROVIDED ON

OR THROUGH THIS WEBSITE ARE PROVIDED “AS IS” WITHOUT ANY

EXPRESS OR IMPLIED WARRANTIES OF ANY KIND INCLUDING

WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR

PURPOSE, OR NON-INFRINGEMENT OF INTELLECTUAL PROPERTY.

You must read the Risk Warning Notice and all the other documents supplied

to you in connection with this Agreement very carefully. DO NOT submit the

Online Application Form if you are unsure as to the effects of this Agreement

or the nature of the risks involved. By clicking on the “Submit” button and

submitting the Online Application Form to us, then you is acknowledging that

9


you have read the documents supplied and that you understand and accept

the terms of this Agreement.

15. Company and/or any or all of its subsidiaries: affiliated companies,

agents, employees, lawyers, trustees, bankers and/or officers does not

regulate and/or oversee and/or verify the information published on this Site,

including articles, trading information, quotes, et cetera. Company sole

responsibility and endeavor is to facilitate trading and provide information and

articles deemed useful. Company shall not incur any liability, in any way, or

otherwise bear any damages and/or expenses to any user or third party,

except for return of last monthly fees (to the extent that such fees were

actually paid to Company), and subject to the terms set herein. Company

shall not be liable to denial of service on any grounds, whether general,

personal or specific. Company shall not be liable in any way for information,

software, products and/or services provided by third parties.

16. The Site may be: at any time and at Company sole discretion, be off-line

for maintenance or for any other reason, and service may be denied,

temporarily and/or continually and/or indefinitely, of any person at no liability

to Company.

Company doesn’t guarantee that you will be able to access the website at any

time and location and it doesn’t make any warranties with respect to the web

site content. Without limiting the foregoing, Company will not be held

responsible for an impossibility of executing trading orders, due to letdowns in

the operation of informational systems due to technical faults, which are

beyond its control.

17. Neither Company: nor any of its respective affiliates, subsidiaries,

agents, employees and officers warrant the accuracy or completeness of the

information, materials or services provided on or through this website. The

information, materials and services provided on or through this website may

be out of date, and neither Company nor any of its respective affiliates makes

any commitment or assumes any duty to verify, validate or update such

information, materials or services.

Except as explicitly set herein and under specific conditions, We DO NOT

provide any advisory service. All transactions, investments and decisions are

at your own discretion and risk.

18. Company and/or any or all of its subsidiaries: agents, employees and/or

10


officers, does not assume any responsibility, or will be liable, for any damages

to, or any viruses that may infect, your computer, telecommunication

equipment, or other property caused by or arising from your access to, use of,

or browsing this Site, or your downloading of any information or materials from

this Site.

19. IN NO EVENT WILL Company: OR ANY OF ITS RESPECTIVE

OFFICERS, DIRECTORS, EMPLOYEES, SHAREHOLDERS, AFFILIATES,

AGENTS, SUCCESSORS OR ASSIGNS, NOR ANY PARTY INVOLVED IN

THE CREATION, PRODUCTION OR TRANSMISSION OF THIS WEBSITE,

BE LIABLE TOWARDS YOU OR ANYONE ELSE FOR ANY INDIRECT,

SPECIAL, PUNITIVE, INCIDENTAL OR CONSEQUENTIAL DAMAGES

(INCLUDING, WITHOUT LIMITATION, THOSE RESULTING FROM LOST

PROFITS, LOST DATA OR BUSINESS INTERRUPTION) ARISING OUT OF

THE USE, INABILITY TO USE, OR THE RESULTS OF USE OF THIS

WEBSITE, ANY WEBSITES LINKED TO THIS WEBSITE, OR THE

MATERIALS, INFORMATION OR SERVICES CONTAINED ON ANY OR ALL

SUCH WEBSITES, WHETHER BASED ON WARRANTY, CONTRACT,

TORT OR ANY OTHER LEGAL THEORY AND WHETHER OR NOT

ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE FOREGOING

LIMITATIONS OF LIABILITY DO NOT APPLY TO THE EXTENT

PROHIBITED BY LAW.

20. IN THE EVENT OF ANY PROBLEM: WITH THIS WEBSITE OR ANY

CONTENT, YOU AGREE THAT YOUR SOLE REMEDY IS TO CEASE

USING THIS WEBSITE. IF YOU ARE A REGISTERED USER YOU MAY

RECEIVE A RETURN OF FEES RECEIVED BY Company WITHIN THE

PREVIOUS MONTH WITH RESPECT TO SERVICES THAT WERE FULLY

DENIED AS A RESULT OF AN ACT OR OMISSION BY Company. ALL

CLAIMS AGAINST Company SHALL BECOME OBSOLETE WITHIN 12

MONTHS OF THE OCCURRENCE GIVING RISE TO THE CLAIM. IN THE

EVENT OF ANY PROBLEM WITH THE INFORMATION, PRODUCTS OR

SERVICES THAT YOU HAVE PURCHASED ON OR THROUGH THIS

WEBSITE, YOU AGREE THAT YOUR SOLE REMEDY, IF ANY, ASIDE OF

THE ABOVE SAID, IS FROM THE 3rd PARTY PROVIDER OF SUCH

INFORMATION, PRODUCTS OR SERVICES.

21. The above disclaimers: means that Company does not undertake to

provide any service and/or any and all functionality on the Site. This also

means if you believe you have any claim against Company it should be 11


presented with no delay and shall be null and void within 12 months of the

first time it came to be.

22. Revisions to these Terms and Conditions: Without prejudice to the

above, User acknowledges and accepts that Company and its legal advisors

are fully entitled at all times to amend, add to and/or revoke any and all of

these Terms and Conditions, at its sole discretion, without giving User any

notice thereof. Any such amendment, addition or revocation shall become

fully effective and binding upon being posted on Site. You should visit this

page to review the then current Terms and Conditions binding on you. Certain

provisions of these Terms and Conditions may be added to or superseded by

legal notices or terms located on particular pages of this Site.

These terms and conditions have been last updated on 15st March 2017:

This means that these Terms and Conditions may be reasonably amended

from time to time by Company, and shall apply to any user immediately.

Company shall maintain a link to these Terms and Conditions on every page

on the Site, and state the last date these Terms and Conditions were updated

on.

23. Choice of Law; Jurisdiction: These Terms and Conditions supersede any

other agreement between you and Company to the extent necessary to

resolve any inconsistency or ambiguity between them. These Terms and

Conditions will be governed by and construed in accordance with the laws of

the

Republic of Vanuatu, without giving effect to any principles of conflicts of laws.

A printed version of these Terms and Conditions will be admissible in judicial

and administrative proceedings based upon or relating to these Terms and

Conditions to the same extent and subject to the same conditions as other

business documents and records originally generated and maintained in

printed form. These Terms and

Conditions, as well as any dispute arising there from or in connection

therewith shall be brought before the courts of law of Vanuatu which shall

have exclusive jurisdiction over the same.

24. Dispute Resolution; Arbitration: The parties will attempt in good faith to

negotiate a settlement to any claim or dispute between them arising out of or

in connection with this Agreement. If the parties fail to agree upon terms of

settlement, either side may submit the dispute to confidential arbitration

12


proceedings by a sole arbitrator under the ICC ADR Rules, whose decision

shall be final and binding.

This means that UK law shall apply to the Site and services contemplated

herein, and that any claim towards Company must be submitted to

appropriate arbitration in London, UK.

25. Termination: You or we may suspend or terminate your account or your

use of this Site at any time, for any reason or for no reason. Except for the

withdrawal of accumulated funds, you will not be entitled to any remedy for

discontinuing the services, all subject to our WD policy and applicable laws

and regulations. We reserve the right to change, suspend, or discontinue all

or any aspect of this Site at any time without notice.

26. Additional Assistance: If you do not understand any of the foregoing

Terms and Conditions or if you have any questions or comments, we invite

you to contact us at any time.

This means you should contact us beforehand if anything of these Terms and

Conditions is unclear, unfair or unacceptable to you.

27. Our Commitment to Security and Privacy: To prevent unauthorized

access, maintain data accuracy, and ensure the correct use of information, we

have put in place the appropriate and reasonable physical, electronic, and

managerial procedures to safeguard and secure the information we collect

online. Please see our Privacy Policy for further information.

28. Assignment to Third Parties: Company is fully entitled to assign, grant,

transfer or sub-license any and all of its rights provided for herein, including

any rights with regards to information or data, wholly or in part, to any third

party whatsoever.

This means that the agreement between User and Company on the terms set

under the Terms and Conditions may be assigned, in full or in part by

Company, but not by the User. These privileges as well as the limitations of

liability are Company one-sided prerogatives under these Terms and

Conditions but this Site would not be feasible without them.

29. Bonuses: received through, among others, the Company Promo

Programs are all volume based as our revenue is made primarily through

trading volume. Separate Terms and Conditions, when applicable, shall be

13


promulgated as and when necessary.

30. No Waiver: Company acquiescence to any breach of These Terms

and/or failure to exercise any right provided for herein shall be without

prejudice to Company legal rights and remedies, and shall not be held to

preclude and/or debar it from exercising or seeking any of the same.

31. Severability: Should any provision herein be deemed void or invalid by

any court of law having proper jurisdiction, such provision shall be severed,

and shall not in any way vitiate or detract from the effect and/or validity of any

or all remaining provisions herein.

This means that if a specific article in these Terms and Conditions is ruled by

a competent court as unenforceable for any reason, then such ruling shall

only apply to the respective specific articles or provisions and not to this entire

agreement.

32. How to Contact Us: Should you have other questions or concerns,

please contact us anytime at [email protected].

33. www.trading-impex.com settlement agent is Leon Invest, a limited liability

company incorporated under the laws of the Russian Federation, having the

registration number 1167746260274, located at 107140 Moscow,

Krasnoselskaya Verchnaya street.

Deposit and Withdrawal Policy (WD Policy)

Trading in any investment opportunity that may generate profit requires

Company customers to deposit money on their online account. Profits may be

withdrawn from the online account.

Deposits and withdrawals are regulated by this WD policy as well as the

generally applicable terms and conditions.

Deposits

You, the Client, have to perform all the deposits from a source (e.g. single

bank account). If you want to start trading, you should make sure this account

is in your country of residence and in your name. In order to certify that a

SWIFT confirmation is authentic, it has to be sent to Company to confirm the

origin of the money which will be used for trading. If you don’t comply with this

WD policy, you may be prevented from depositing the money via Bank/Wire

Transfer.

mailto:[email protected]

Registered Address:

Law Partners House, Kumul Highway, Port Vila, Vanuatu, South Pacific (Registered Dealers In Securities with License No. 14860 from Vanuatu Financial Services Commission)

According to generally acceptable AML (Anti-Money Laundering) rules and regulations, withdrawals must be performed only through the same bank account or credit/debit card that you used to deposit the funds.

Unless we agree otherwise, withdrawals from the Account may only be made

in the same currency in which the respective deposit was made.

In addition, when you deposit or withdraw money for trading purposes using

alternative payment methods, you should be aware that additional fees and

restrictions may apply.

Without derogating of the foregoing, Company may execute withdrawals to a

different facility than the one used for the deposit, subject to Anti-Money

Laundering regulations.

Furthermore, when it comes to withdrawals, Client may be required to present

additional information and documents.

Non-Deposited Funds

Funds appearing on Clients’ account may include agreed or voluntary credit

margin, bonuses and incentives, funds already pulled-out of the account or

any other sums not directly deposited by the Client

or gained from trading on account of actually deposited funds (“Non-

Deposited Funds”). Please note unless otherwise explicitly agreed, Non-

Deposited Funds are not available for withdrawal. Further, due to technical

limitations, Non-Deposited Funds may be assigned to Client’s account in

certain occasions (for example, for the technical purpose of allowing the

closing of positions or an indebted account).

Submitting a Withdrawal Request

In order to process your withdrawal request, you must:

Client will contact at [email protected], fill up the information and provide your bank account and related details.

•All compliance documentation must have been received and approved by

Company compliance officer in order to proceed with the withdrawal.

•Beneficiary Name must match the name on the trading account. Requests to

transfer funds to third party will not be processed.

15



Important: Account holder is required to monitor account regularly, and ensure

that available margin exists in the account prior to submitting this request, as

such withdrawal may have an impact on existing open positions or trading

strategy used.

Typical Withdrawal Processing Time

The time it takes for the money to reach your credit card or bank account that

has been used to deposit funds may vary (usually five to seven business

days). Note that it might take longer for withdrawals to bank accounts due to

the additional security procedures in force.

The request will generally be processed by Company within 2 business days

of receipt. In order to avoid any delays please review your information

carefully before submitting your request. Company assumes no responsibility

for errors or inaccuracies made by the account holder.

Corresponding withdrawals will take 5 to 7 business days to process.

Company cannot monitor and is not responsible in any way for the Client’s

Credit Card Company or bank’s internal procedures. Client must follow up

with the credit card or respective bank independently.

Funds are released to your credit account once your credit card merchant has

debited the funds from our account. This process may take up to 5 to 7

business days or more to reflect on your credit card account balance. If you

do not have online access to your credit card, it should appear on the next

billing statement(s) depending on your card’s billing cycle.

Please note clearly that we are not committed to any time frame and that any

additional charges imposed by third parties shall be deducted from the

deposit or the withdrawal, as applicable.

Additional Charges: If the receiving bank uses an intermediary bank to

send/receive funds, you may incur additional fees charged by the intermediary

bank. These charges are usually placed for transmitting the wire for your

bank. Company is not involved with and nor has any control over these

additional fees. Please check with your financial institution for more

information.

Credit/Debit Cards

For Credit card deposits, when you choose an account in a different currency

16


than USD (United States Dollar), your credit card will be debited properly in

accordance with amount deposited and the applicable exchange rates. In

addition to the exchanged sum deposited, additional credit cards fees may

apply (as a result, in such cases you may notice discrepancies between the

sum of deposit and the sum charged on your credit card). Customers must

accept these slight variations that can occur and won’t try to charge this back.

If you have used a credit card to deposit money, performed online trading and

decide to cash in on your winnings, the same credit card must be used.

Amount of withdrawal per credit card is only allowable to an equal amount of

money deposited per credit card or less. Greater amounts must be wire-

transferred to a bank account.

Currency

Your Account may comprise of different currencies. These will be subject to the following conditions:

We may accept payments into the account in different currencies and any

payments due to or from us and any net balances on the account shall be

reported by us in the respective currency; The account is maintained in US

Dollars (“Base Currency”) and any other currency will be converted at the

exchange rate existing at the point of conversion (“Exchange Rate”); if the

Client send funds in another currency than his account’s currency, we will

apply an exchange rate to our discretion.

We will generally settle trades or perform any required set offs and deductions

in the relevant currency where the account comprises such currency ledger,

save that where such currency balance is insufficient, we may settle trades in

any currency using the Exchange Rate.

Additional Conditions

Please note this policy cannot be exhaustive, and additional conditions or

requirements may apply at any time due to regulations and policies, including

those set in order to prevent money laundering. Please note any and all

usage of the site and services is subject to the Terms and Conditions, as may

be amended from time to time by Company, at its sole discretion.

For queries concerning policy matters, please contact us anytime at

17


[email protected].

• I have read the following Terms and Conditions, including Company

Policies (including, without limitation, Deposit and Withdrawal Policy, Risk

Disclaimer and Risk Disclosure Policy, Acceptable Use Policy, Privacy and

Underage Policy).

• I understand all such terms and that these Terms and Conditions,

together with all policies are an inseparable part of a binding agreement

between me and Company (the “Agreement”).

• I am over 18 and the information provided in this application is true and

correct and that I will notify Company of any material changes.

• Company may not be able to ascertain the appropriateness of any

product to me, including due to lack of experience or undisclosed information.

• I have entered full, accurate and truthful details, including my residential

address and identity.

• Company may at any time without limitation amend any of the terms set

out in this agreement by posting such information on our website.

By having opened or viewed this document, I agree to open an Company

Trading Account for myself and confirm that I have read and understood all

policies and terms including the Risk Disclosure and Terms and Conditions.

Preamble

Company offers access to its website and services to clients that accept the

terms and conditions. By using the website you explicitly confirm that you

have read these Terms and Conditions and agree to them.

Our obligations are subject to any limits or restrictions which we may agree in

writing, and any statutory, regulatory, legal or market requirements.

The following terms and conditions apply to all users and in case you require

additional information on any of the subjects presented below, feel free to

contact our customer support at any time. You must first read and then accept

these Terms and Conditions in order to benefit the best services provided by

Company and the agreement is effective upon acceptance. If you don’t agree

to be bound by the terms and conditions of the present agreement, make sure

to inform us in writing. If Company decides to make any amendments they will

be posted online and in order to keep trading on the website, you might be

asked to accept the new terms.

18



In order to be eligible to operate your trading with Company you must be over

the age of 18 and to fully understand the risks involved. You hereby

acknowledge that you have the knowledge and experience to trade and

understand the risks involved. We can’t be held responsible for any damage

or loss and we are not responsible for verifying whether you possess sufficient

knowledge or whether your trading choices are wise.

The same conditions apply regarding legal restrictions. You should

understand in full that trading, investments and similar operations are

regulated in a different way, throughout the world. The fact that you can

access our website and use the tools Company offers doesn’t necessarily

mean that it is legal in your country to do so.

Users accessing this site are required to inform themselves about the

jurisdiction restrictions and you are hereby declaring that the funds you are

using for trading are not originating from any criminal activity or otherwise

breach any law.

Do not abuse the license or services provided to you. By accepting the Terms

and Conditions you will be granted a limited license, but you can’t deep-link to

the website or copy and resell the materials appearing on Company. The

information provided by us should be used entirely for executing transactions

inside or within Company.

Please note that closing or suspending your account due to a breach of the

terms of service and explicitly the Acceptable Use Policy, may entail loss due

to the closing of positions.

Do not provide false or inaccurate information. The license granted will be

terminated if we notice that the data you provide is not accurate and you will

cease to access the services. You agree that Company can terminate your

access to any of the services offered for online trading at its sole discretion

and with or without notice and close your transaction.

The present terms and conditions state that under no circumstances shall

Company or its employees be liable for lost profits or any kind of damage

occurring during trading, due to connection to our website, including

negligence. In any proven circumstance, the liability of Company is limited to

our last monthly commissions received of money you transferred or deposited

in your trading account.

19


I confirm that I got an opportunity to trade on a demo platform and/or read a

tutorial and I understand as a consequence how to trade and the risks that

are involved. In addition I have read and understood the inherent risks that

are involved in trading in Forex, Options and/or CFDs (“trading”).

20

Registered Address:


Agreement on the implementation of activities for the transfer of payments Individuals in favor of Supplier

This agreement is an official public offer (Offer) of Leon Invest, Limited Liability Company, to conclude the Agreement on the terms and conditions (Article 437 of the Civil Code of the Russian Federation (hereinafter - the Civil Code of the Russian Federation)). Acceptance of the Offering Agent's offer (by accepting this offer) by means of the following actions is recognized as a complete and unconditional acceptance of this Agreement and entails unconditional acceptance by the User of all of its conditions without any exemptions or restrictions (Article 438 of the Civil Code of the Russian Federation). 1. TERMS AND DEFINITIONS USED IN THIS OFFER 1.1. Supplier - financial and investment company IMPEX TRADING LIMITED,

with registration number -. 14860 and www.trading-impex.com, which has a valid license (license from the Ministry of Finance and Economy, Republic of Vanuatu) issued in the Republic of Vanuatu, whose offices are located in the Law Partners House, Kumul Highway, Port Vila, Vanuatu, for trading in financial and commodity derivatives Instruments and other securities, a non-resident receiving money from the Payer for sold goods (work performed, services provided).

1.2. Settlement agent - Limited Liability Company "Leon Invest", registered in accordance with the legislation of the Russian Federation, located at: 107140 Moscow, ul. Upper Krasnoselskaya, house 19, building 2, pom. II, room. 3, concluded with the Supplier an agreement on the implementation of activities for the receipt of payments by individuals.

1.3. The client - an individual - is a resident of the Russian Federation in

accordance with Federal Law No. 173-FZ of December 10, 2003 "On Currency Regulation and Currency Control", which concluded with the Supplier an Agreement on provision of financial and investment services.

1.4. Agreement on the provision of financial and investment services - an

agreement between the Supplier and the Customer for the provision of services (works, goods).

1.5. Services (goods, works) - services rendered by the Supplier to the Client

on the basis of the Agreement on provision of financial and investment services.

21

Registered Address:


1.6. Payment - funds paid by the Payer in favor of the Supplier for the

Services. Payment can be made in the form of transfer through the bank or through the site (specify site).

1.7. Payer - any individual who makes a payment on behalf of the Customer, including the Customer himself.

2. BASIC PROVISIONS 2.1. In accordance with the terms of this Offer, the Settlement Agent

undertakes, on its own behalf and at the expense of the Supplier, to accept funds from the Payers in accordance with the terms of this agreement and transfer them to the Supplier. The activity of the Settlement Agent is regulated by the legislation of the Russian Federation, including Art. 1005 Civil Code, Federal Law of 10.12.2003 No. 173-FZ "On Currency Regulation and Currency Control".

2.2. The Settlement Agent accepts Payments from Payers in rubles and (or)

foreign currency if the following conditions are met: when the Payment is made by the Payer, the information that allows the Customer to be uniquely identified, namely the Customer's Personal Account number or other requisite that allows the Clearing Agent to uniquely identify the Customer.

2.3. Acceptance of Payment under this agreement is effected by transfer of

Payments to the bank account of the Calculation Agent by means of Internet acquiring, or by bank transfer through the bank branch.

2.4. The settlement agent transfers the received Payments in rubles and (or)

foreign currency to the specified account (s) of the Supplier within 3 days from the moment of receipt of the Payment to the account of the Calculation Agent.

2.5. All mutual settlements are made on bank days. The liability of the

Settlement Agent is limited to the amount of the Payment confirmed by the payment system through which the Payment was accepted. The Agent shall not be liable to the User for any losses in any form resulting from force majeure circumstances or the Supplier and / or the Payer failing to comply with the provisions of this Agreement.

2.6. The conclusion by the Payer (the Client) of the Agreement with the

Settlement Agent shall be effected by the acceptance of a public offer by successively performing the following actions:

22

Registered Address:


• Acquaintance with the terms of this Agreement;

• The signing of this Offer and (or) the initialization of the procedure for payment for the Services (that is, actions that are unequivocally perceived as the Customer's desire to select and pay for the services of the Supplier).

The contract between the Calculation Agent and the Payer (the Client) is considered concluded from the moment of fulfillment of all the above-mentioned actions.

2.7. The introduction of changes (additions) to this Agreement, changing the

procedure and conditions for the provision of services, shall be made by the Calculation Agent unilaterally with mandatory posting of relevant information on the official website.

2.8. In all that is not provided for by this agreement, the parties are guided by

the current legislator.

23

Documents

IMPEX TRADING Limited conditions.pdfIMPEX TRADING Limited (hereinafter referred to as the “Company”), is the Licensed Dealers in Securities under Vanuatu Financial Services Commission